Press Releases

New Delhi, 27 June, 2017: ASSOCHAM today welcomed the India-US joint statement following the meeting of Prime Minister Narendra Modi with President Donald Trump, stating the mutual commitment to increasing market access in Information Technology and other sectors is a big positive for the USD 150 billion Indian software and services industry.

New Delhi, 26 June, 2017: With IT sector witnessing subdued sentiment amidst pressure on hiring and annual pay rise for employees, the country's software and services hubs such as Bengaluru, Hyderabad, Chennai, Pune and Noida-Gurgaon in NCR are expected to see 10-20 per cent reduction in the housing rents over the next three quarters, according to an ASSOCHAM paper.

Considering the present scenario of waste management in India, where most of the waste is dumped without treatment, it would require an estimated 88 square kilometer (km2) of precious land to be brought under waste disposal through landfilling by 2050, which is equivalent to the size of area under administration of New Delhi Municipal Council (NDMC), noted a recent joint study by ASSOCHAM and PwC.

New Delhi, 22 June, 2017: Opposing any more layer of regulation to
the highly indebted telecom industry, battling several challenges, the
ASSOCHAM has approached the Department of Telecommunication with a
plea to drop the proposal of mandatory testing of telecom equipment
which is used in India after certification from well-known third party
global bodies.

New Delhi, 20 June, 2017: In view of the long gestation period and showing negative returns, industry body ASSOCHAM has suggested that infrastructure and transportation such as road and railway sectors should continue to be exempted under Goods and Services Tax (GST) regime.

Fast growing awareness about the benefits of yoga and government encouragement, India today faces a shortage of about 3 lakh yoga instructors as against the requirement of over 5 lakhs yoga practitioners, says the ASSOCHAM paper released coinciding with the “International Yoga Day” (June 21).

ASSOCHAM has urged Prime Minister Mr Narendra Modi to remind President Donald Trump that If Indian IT firms have got a good foothold in the US, American top notch firms like Facebook, Google, Microsoft and Apple, Coke and Pepsi are getting quite a liberal market access in India without any restrictions.

India should take lead in establishing a legal infrastructure on the application of artificial intelligence (AI) to become a frontrunner, suggested a recent ASSOCHAM-PwC joint study titled, ‘Leveraging artificial intelligence and robotics for sustainable growth.’